Which of the following is not an exception to the general rule against successor liability in asset
Question:
Which of the following is not an exception to the general rule against successor liability in asset sales?
a. The de facto merger doctrine
b. When the buyer makes an express or implied agreement to assume the liabilities of the seller
c. When the buyer is a “mere continuation” of the seller
d. The de jure merger doctrine
e. When there has been a fraudulent transaction in order to evade liability for debts
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Related Book For
Business Law And Strategy
ISBN: 9780077614683
1st Edition
Authors: Sean Melvin, David Orozco, F E Guerra Pujol
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